Forex robots have become a staple addition to the tools that Forex traders consider as crucial for their success. This is why there are plenty of such systems online. However, not all such expert advisors are effective. Exynox Scalper is a Forex trading tool that claims to give high profits in a quick and simple way. This indicator system boasts of becoming the unique key to … [Read more...] about Exynox Scalper Review
Norges Bank Likely to Remain Dovish in 2021
BREXIT deal negotiations have disrupted Norway’s fishing business that is likely to affect economic growth into 2021.Norges Bank may likely choose to maintain zero interest rates in 2021 as the government focuses on recovery.The low inflation rate of 0.7% at the end of 2020 resulted from reduced housing and utility prices. Ahead of its policy rate pronouncement on January … [Read more...] about Norges Bank Likely to Remain Dovish in 2021
Credit Suisse Forecasts Fourth Quarter Loss on Higher Provisions
Credit Suisse expects a net loss in the fourth quarter after increasing its provisions for a long-running dispute in the U.S by $850 million, according to CNBC. The bank has already set aside $300 million for the decade-long dispute on U.S residential mortgage-backed security (RMBS). Credit Suisse believes it has strong grounds for appeal despite setting aside $300 million … [Read more...] about Credit Suisse Forecasts Fourth Quarter Loss on Higher Provisions
U.S. Initial Claims Eases in Early January 2021
U.S. initial claims for the week ending January 2 was 787,000, a fall of 3,000 from the previous week’s revised level, according to the Department of Labor press release. The adjusted insured unemployment was 5.072 million during the week ending December 26, down 126,000 from the previous week's revised level. The previous week’s initial claims was revised up by 3,000 from … [Read more...] about U.S. Initial Claims Eases in Early January 2021
Eurozone Construction Drought Continues in December
Eurozone Construction Total Activity Index tumbled to 45.5 in December, from 45.6 in November, according to IHS Markit press release. The index signifies a further contraction in Eurozone construction activity fueled by the ravaging impacts of the COVID-19 pandemic. The sharpest decline in activity was in commercial construction, followed by civil … [Read more...] about Eurozone Construction Drought Continues in December